Top Locations to Buy Your Dream Home in Spain
The Mediterranean coast of Spain has become not only a popular holiday destination for wealthy foreigners but a profitable place for investing in real estate. Real estate in Spain for investment and permanent stay is among the top choices due to a number of reasons. A rich history, beautiful architecture, a marvelous mild climate, the hospitality and friendliness of the locals, the low cost and a rich selection of natural foods, and attractive housing prices make people fall in love with the area. The numerous beaches awarded the blue flag add to the overall harmony.
Both investors and expats with the desire to buy their home there can find suitable housing units. The variety of locations, their characteristics, and the local real estate market really impress. As in any other country, there are regions in Spain that are steadily in demand in the real estate market. Today we will tell you about them.
Santa Cruz de Tenerife
The area boasts a pleasant climate. It is characterized by comfortable temperatures during the summer and winter months. However, precipitation is very rare here, as Tenerife is a tropical desert.
The real estate prices in Tenerife are high. There are all kinds of villas and large houses, which cost fabulous money. The cheapest type of property is a small apartment of more than €100,000. So, be ready to pay a significant sum of money. However, the rent cannot be called low as well. Accommodation on the island may bring an enormous passive income for homeowners.
Transport is well developed, there are many bus routes. The island is oriented toward the service sector, which provides many opportunities for employees. There is also an oil refinery, although most immigrants are employed in the services.
The Coast of Costa Blanca
The Costa Blanca is the best region of Spain in terms of climate, warm sea, and the beauty of nature, exactly a combination of all three factors. It becomes even more alluring when we speak about its northern part where the resort towns of Denia, Javea, Moraira, Calpe, and Altea are located. Of course, somewhere on the Mediterranean, there is a place where either a little warmer sea or a little more picturesque part of the coast. But in general, no other region of Spain cannot be compared with the northern half of the Costa Blanca. It is a really favorable place both for recreation and for living.
Real estate on Costa Blanca is expensive as well. The starting price of affordable housing is €150,000. The area attracts thousands of visitors. If you buy property in Costa Blanca to rent it out, it will bring a good income.
To begin with, Murcia is perfect for those who are looking for quiet places, where urban infrastructure and opportunities are combined with the characteristics of villages: friendly relations with neighbors, short distances, and comfortable cost of living. The cost of renting and buying a home, as well as daily expenses, are much more affordable than in many major cities in Spain. At the same time, the quality of life is at a high level: a quiet rhythm of life, housing for all tastes and wallets, and comfortable accommodation with children.
Many ex-pats from all over the world choose Murcia because of its good employment opportunities. Murcia is famous for combining tradition with innovation. That is why specialists in industry, agriculture, services, and tourism, as well as in the field of high technology, are welcome here.
Common Benefits of Real Estate in Spain
Although the real estate market in Spain varies and depends on many factors, we have highlighted several common advantages:
- good climate and excellent beaches;
- a wide range of all kinds of recreational activities;
- large international community;
- many real estate offers;
- price diversity in the real estate market;
- high ROI.
If you plan to buy real estate in Spain, the first source to address is Spain-Real.Estate. The website offers housing for different segments in the most convenient locations of Spain. Property in Spain is a great solution for those who prefer to live in comfortable conditions and those who have the desire to make their money work.